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Fair Value Measurements and Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2015
Financial Instruments and Fair Value Measurements [Abstract]  
Schedule of derivative instruments
The following summarizes the fair value of the Company’s derivative instruments and other financial instruments at September 30, 2015 and December 31, 2014:
 
Assets
 
Liabilities
 
 
Account
 
Fair Value
 
Account
 
Fair Value
Designated derivative instruments
 
9/30/15
 
12/31/14
 
 
 
9/30/15
 
12/31/14
Interest rate swap contracts
Other current assets
 
$
—

 
$
1

 
Other accruals
 
$
—

 
$
—

Interest rate swap contracts
Other assets
 
19

 
12

 
Other liabilities
 
—

 
2

Foreign currency contracts
Other current assets
 
34

 
21

 
Other accruals
 
8

 
4

Foreign currency contracts
Other assets
 
102

 
60

 
Other liabilities
 
—

 
—

Commodity contracts
Other current assets
 
—

 
—

 
Other accruals
 
—

 
1

Total designated
 
 
$
155

 
$
94

 
 
 
$
8

 
$
7

 
 
 
 
 
 
 
 
 
 
 
 
Derivatives not designated
 
 
 

 
 

 
 
 
 
 
 

Foreign currency contracts
Other assets
 
$
11

 
$
8

 
Other liabilities
 
$
—

 
$
—

Total not designated
 
 
$
11


$
8

 
 
 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
Total derivative instruments
 
$
166

 
$
102

 
 
 
$
8

 
$
7

 
 
 
 
 
 
 
 
 
 
 
 
Other financial instruments
 
 

 
 

 
 
 
 

 
 

Marketable securities
Other current assets
 
$
146

 
$
200

 
 
 
 

 
 

Note receivable
Other current assets
 
36

 
42

 
 
 
 
 
 
Available-for-sale securities
Other assets
 
370

 
322

 
 
 
 

 
 

Total other financial instruments
 
$
552

 
$
564

 
 
 
 

 
 
Activity related to fair value hedges
Activity related to fair value hedges recorded during the three and nine months ended September 30, 2015 and 2014 was as follows:
 
2015
 
2014
 
Foreign
Currency
Contracts
 
Interest
Rate
Swaps
 
 
Total
 
Foreign
Currency
Contracts
 
Interest
Rate
Swaps
 
 
Total
Notional Value at September 30,
$
899

 
$
1,438

 
$
2,337

 
$
1,372

 
$
1,438

 
$
2,810

Three months ended September 30:
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) on derivatives
(1
)
 
7

 
6

 
7

 
(9
)
 
(2
)
Gain (loss) on hedged items
1

 
(7
)
 
(6
)
 
(7
)
 
9

 
2

Nine months ended September 30:
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) on derivatives
(4
)
 
9

 
5

 
9

 
(12
)
 
(3
)
Gain (loss) on hedged items
4

 
(9
)
 
(5
)
 
(9
)
 
12

 
3
Activity related to cash flow hedges
Activity related to cash flow hedges recorded during the three and nine months ended September 30, 2015 and 2014 was as follows:
 
2015
 
2014
 
Foreign
Currency
Contracts
 
Commodity
Contracts
 
 
Total
 
Foreign
Currency
Contracts
 
Commodity
Contracts
 
 
Total
Notional Value at September 30,
$
735

 
$
10

 
$
745

 
$
509

 
$
11

 
$
520

Three months ended September 30:
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) recognized in OCI
17

 
(1
)
 
16

 
8

 
(3
)
 
5

Gain (loss) reclassified into Cost of sales
5

 
—

 
5

 
(1
)
 
(1
)
 
(2
)
Nine months ended September 30:
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) recognized in OCI
18

 
(1
)
 
17

 
1

 
(2
)
 
(1
)
Gain (loss) reclassified into Cost of sales
13

 
(1
)
 
12

 
—

 
1

 
1
Activity related to net investment hedges
Activity related to net investment hedges recorded during the three and nine months ended September 30, 2015 and 2014 was as follows:
 
2015
 
2014
 
Foreign
Currency
Contracts
 
Foreign
Currency
Debt
 
 
Total
 
Foreign
Currency
Contracts
 
Foreign
Currency
Debt
 
 
Total
Notional Value at September 30,
$
729

 
$
800

 
$
1,529

 
$
669

 
$
—

 
$
669

Three months ended September 30:
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) on instruments
31

 
(2
)
 
29

 
44

 
1

 
45

Gain (loss) on hedged items
(32
)
 
2

 
(30
)
 
(44
)
 
(1
)
 
(45
)
Nine months ended September 30:
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) on instruments
64

 
23

 
87

 
44

 
4

 
48

Gain (loss) on hedged items
(65
)
 
(23
)
 
(88
)
 
(44
)
 
(4
)
 
(48
)
Activity related to derivatives not designated as hedging instruments
Activity related to these contracts during the three and nine months ended September 30, 2015 and 2014 was as follows:
 
2015
 
2014
 
Foreign Currency Contracts
 
Cross-currency
Swap
 
 
Total
 
Foreign Currency Contracts
 
Cross-currency
Swap
 
 
Total
Notional Value at September 30,
$
—

 
$
102

 
$
102

 
$
—

 
$
102

 
$
102

Three months ended September 30:
 
 
 
 
 
 
 
 
 
 


Gain (loss) on instruments
6

 
3

 
9

 
—

 
5

 
5

Gain (loss) on hedged items
—

 
(3
)
 
(3
)
 
—

 
(5
)
 
(5
)
Nine months ended September 30:
 
 
 
 
 
 
 
 
 
 


Gain (loss) on instruments
7

 
2

 
9

 
—

 
2

 
2

Gain (loss) on hedged items
—

 
(2
)
 
(2
)
 
—

 
(2
)
 
(2
)
Reconciliation of the Venezuelan investments at fair value
The following table presents a reconciliation of the Venezuelan bonds at fair value for the nine months ended September 30, 2015 and 2014:
 
2015
 
2014
Beginning balance as of January 1,
$
399

 
$
685

Unrealized gain (loss) on investment
(27
)
 
(354
)
Purchases and sales during the period
36

 
54

Ending balance as of September 30,
$
408

 
$
385